$XIAOMI-W(01810)$ In recent ye

In recent years, Chinese tech enterprises have increasingly made their mark in overseas markets. Thanks to AI technology—especially significant advancements in loading AI onto hardware products—many manufacturing companies have proactively or passively adopted the labels "AI" and "smart." Whether to go all-in on AI and the degree of AI integration have become yardsticks for measuring a company's strategic acumen, brand value, and market competitiveness. As a consumer electronics and smart manufacturing enterprise focusing on smartphones, smart home devices, smart vehicles, and an IoT platform, Xiaomi has built a massive consumer-grade AIoT platform centered on smartphones. Its products are sold in over 100 countries and regions worldwide. Crucially, Xiaomi's international development has transcended the initial "product export" stage. Its current "brand-driven overseas expansion" and "business model export" demonstrate strong sustainable growth momentum.

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